Followers

Total Pageviews

Friday, March 2, 2012

Are rich people less ethical than poor people?

Rich people get a bad rap in pop culture. Think about movies like Wall Street (or the absolutely awful Wall Street 2), which paints financiers in a less than stellar light, or even The Devil Wears Prada, where the main character manipulates everyone around her in order to stay on top. These are only two examples of popular images depicting shady, unethical businesspeople. Is there any truth to the idea that rich folks are less principled? According to a new study, the classification is accurate.

Researchers at the University of California and the University of Toronto published results on Monday that showed rich people as more likely to engage in unethical behaviours like cutting off motorists, lying in negotiations, and cheating to win a prize. The study is based on a number of tests conducting on undergraduate students and adults. The findings were also consistent across all ages, genders, ethnicities, religions, and political associations.

In the first two tests, researchers looked at driving habits. They found that upper-class drivers were more likely to cut off other cars and pedestrians waiting at crosswalks. A person’s social class was determined here by their age, vehicle make, and appearance. Considering the number of people I know who live well beyond their means – and drive vehicles reflecting that - this seems like a subpar means of classifying people. In any case, those deemed poorer were more courteous on the road.

In another series of tests, researchers found that people who considered themselves “upper class” were more likely to take valued items from others. This included candy, even when they were told that the leftovers would be going to children. Is it possible rich people are really concerned about childhood obesity, and that’s why they don’t want to give candy to children? I mean, Michelle Obama is really into it – and she’s rich. Okay, probably not.

Unsurprisingly, affluent people were also deemed to be more unethical in their business dealings. Richer people were found to be more likely to lie during negotiations, and to cheat in order to win a prize. Researchers relate these behaviours back to the upper class participants’ more favourable attitudes toward greed.

"We found a trend that upper-class individuals -- people that have the most money, the most income, the best education and the most prestigious job -- have a tendency to engage in less ethical behaviour," said Stephane Cote, associate professor of organisational behaviour and psychology at the University of Toronto's Rotman School of Management. "This doesn't mean that every rich person will behave less ethically than any less-rich person... But we found a tendency. So if you look across people in a variety of settings, the higher-class people tend to engage in more unethical behaviour."

I wonder if people act more dishonorable because of their surroundings. When you throw a nice kid in with all of the mean kids, they sometimes come out being the cruelest one. I learned that from Mean Girls. In all seriousness, though, if everyone around you is unethical, perhaps you need to be a bit devious to get ahead. I’m not condoning these actions, but simply trying to wrap my mind around them. I would still give MY candy to kids.

The researchers were clear to point out that there are many examples of ethical rich people, such as Bill Gates and George Soros. In addition to philanthropy, they mention corporate whistle-blowing as an example of ethical behaviour. And they also note that lower-class people are often unethical, too. That makes sense, given the relationship between poverty and violent crime. 
What do you think about this study? Are rich people more unethical, or are poorer people less honorable? Which group would you rather do business with?

Brandon Miller   Mar 2, 2012

posted: 3:57 PM in Current Affairs, Personal Finance

Thursday, March 1, 2012

129 Ch St. Georges, Rigaud - For Rent


129 Ch St. Georges, Rigaud
Now for rent at $1,500/mo
MLS 8709277


Buffett: 'I'd Buy Up a Couple Hundred Thousand' Homes

Warren Buffett, the billionaire investor and Berkshire Hathaway CEO, said on CNBC's "Squawk Box" recently that he'd "buy up a couple hundred thousand" single-family homes if it was practical.
Buffett said that's because he believes purchasing a home with ultra-low mortgage rates and holding it for the long-term has become a better investment than stocks right now.
"Housing will come back, you can be sure of that," Buffett wrote in his annual letter to shareholders recently.
Buffett forecasts an increase in household formations, as more people who moved in with their parents or family members during the recession look to move out and get their own home soon.
"People may postpone hitching up during uncertain times, but eventually hormones take over. And while 'doubling-up" may be the initial reaction of some during a recession, living with in-laws can quickly lose its allure," Buffett said.
Buffett said the recovery in the housing market could vary quite a bit among local housing markets, however. He did not provide a timeline of when he expected a full housing recovery, admitting that his prediction last year that a housing recovery will take shape within the year turned out to be "dead wrong."

Daily Real Estate News | Wednesday, February 29, 2012 

Source: "Housing Market Forecast Beyond 2012 From Warren Buffet," International Business Times (Feb. 28, 2012) and "Warren Buffet on CNBC: I'd Buy Up 'A Couple Hundred Thousand' Single-Family Homes If I Could," CNBC (Feb. 27, 2012)

Tuesday, February 28, 2012

LOOKING FOR ~


If you are thinking of putting your home on the market, please call us. We have young families looking for homes in the Saint-Lazare area. These are some of the requirements: 
  • Saint-Lazare
  • 4 bedrooms & 2 baths
  • open concept
  • forced air heating
  • double garage
  • wood burning fireplace
  • minimum 2,400 sq feet living space
  • fenced in backyard is a plus
  • pool is a plus
  • quiet street
  • not near electrical pilones
  • newer well maintained home (preferably no renos)
  • budget is $400,000

Diane & Paul Laflamme
Royal LePage Village
514.715.4514

Monday, February 27, 2012

Check out Diane Laflamme on Goggle+


Check out the latest Real Estate News when you google,
Diane Laflamme on Goggle+



Paul & Diane Laflamme
Royal LePage Village
514.715.4514 


Sunday, February 26, 2012

Women as the breadwinners: Turning the traditional model of gender roles in marriage on its head

When Nicole Winchester has to work late from home, her husband Gary slips a hot meal between her and her laptop. On a typical week, he’ll do the shopping, the dishes and most of the cleaning. The laundry is also his domain, mainly because he likes it done just so.
Ms. Winchester hasn’t the time for (or admittedly, the interest in) the domestic sphere. She’s too busy as the breadwinner in their Toronto household, having brought home significantly more bacon as a television producer during their seven year marriage thus far.
He’s got the more flexible, albeit lower paying, job and therefore has more time for these duties, she said. He’s also relieved she has the education and work experience to be the high earner in their house — something that jarred Ms. Winchester at first.
“I was a little surprised because you always expect men to have that sort of issue, or at least you’re taught to expect that,” the 37-year-old said. “But Gary’s never had an issue with me making more money. He’s been like ‘If you make more money than me, that’s awesome — then we have more.’”
In the last few decades, women have come to gradually outpace men in education, with women making up 60% of university graduates in Canada, and in earnings growth, with the average total income for women in Canada increasing at nearly twice the pace of men’s. And as this outpacing across North America only seems to accelerate, working women are poised to eclipse men as the primary household breadwinners — a cultural shift that is changing the dynamics between husband and wife, turning the traditional model of gender roles in marriage on its head and even shaping the way younger generations view an institution at risk.
What happens in a new order that’s still in transition, when the hard won equality among partners is surpassed as mom rushes off to work while dad takes the kids to the playground, wonders Washington Post reporter Liza Mundy, author of the forthcoming book The Richer Sex: How the New Majority of Female Breadwinners Is Transforming Sex, Love and Family, due out in March.
“We want to marry somebody with the same degree set we have, we want equality and we want parity,” Ms. Mundy said in an interview this week. “It is sometimes, for some women, unnerving when they find themselves pulling ahead of their partner.”
Provided The cover of The Richer Sex: How the New Majority of Female Breadwinners Is Transforming Sex, Love and Family, by Liza Mundy.
She cites 2009 United States labour bureau data which shows the percentage of working wives who outearn their husbands has increased from 23.7% in 1987 to 37.7% in 2009 and that has likely increased since then because of the economic downturn, researchers say. In Canada, the proportion of wives who were primary household earners rose from 11% to 19% between 1967 and 1982 and continued to rise until about one in four, or 29% of households, were dual earner in 2003 —in many households, women were the big earners, according to the most recent figures. “The continued rise suggests that women in the role of primary breadwinner is not likely a temporary phenomenon,” Statistics Canada analysts Deborah Sussman and Stephanie Bonnell wrote in 2006.
Based on this incredible rise between 1987 and 2009, Ms. Mundy projects that by 2030, a majority of working wives and single mothers supporting their households will outearn the traditional breadwinning male. While men are still the top earners as a whole, today’s baby-boom executives will be retired in 20 years, she said, paving a clear path for the next generation of educated women.
Many of the women she interviewed for her book said they had harmonious homes — that of course times have changed and the household is run by pragmatics: Whose career is taking off, who has the highest earning potential, who actually likes cooking and cleaning and making the beds? They’d figure it out, and the house would run smoothly from there.
But some tensions were impossible to ignore: Sure, men had their insecurities, but the ones women expressed were most interesting, Ms. Mundy said.
“It can be disconcerting, even if you’re proud of it,” she said. “Some women don’t want to get trapped as the primary breadwinner. They feel they’re going to lose flexibility and choice in their lives — maybe if they want to stay home with the kids it’s going to be less feasible? They are getting their head around the idea that they’re providing.”
One woman told Ms. Mundy she had lost her feelings for her husband after she went to work and he became the caregiver at home, saying she “respected him less as a man.”
“I interviewed this one really progressive feminist who admitted ‘Sometimes, I know it’s wrong, but I just had these spasms of thinking ‘It’s my money, not our money,’” Ms. Mundy said.
Ms. Winchester admits to feeling that way too sometimes. She and her husband have been paying down debt, but when she wants to buy something for herself, she can feel a fleeting wave of resentment that she cannot.
“I know it [seems like a] childish thing, but at the same time I’m thinking ‘I make the money, why can’t I buy an iPad?’ That was my thing — if I make this money, why can’t I go out and buy a computer if I want to?”
 http://news.nationalpost.com/author/sboes/

Saturday, February 25, 2012

YOUR LOCAL JOURNAL



Check out page 15 in The Your Local Journal Newspaper. 
Here is the link:
http://www.yourlocaljournal.ca/pdf/issue_wi.pdf


Paul and Diane Laflamme
Royal LePage Village
514.793.4514

Wednesday, February 22, 2012

Mary Kay's hot-pink mansion for sale


The sprawling Dallas home of Mary Kay Ash, founder of the immense Mary Kay cosmetics empire, can now be yours for a mere $3.3 million. Not sure whether a gigantic mansion made of pink is worth that much? Encompassing over 11,800 sq. ft., you'd only be shelling out around $278 for each square foot. That's not so expensive, right? That price point is quite a steal when you consider the mansion went on sale in 2007 for $5.7 million. The mansion comes complete with roughly an acre of land, which should be plenty for anyone with a passion for yard work.
Obviously, the mansion in Dallas, Texas has a lot more going for it than just its size. While the house is technically a single family home, it sports 8 baths, 7 fireplaces, and 6 bedrooms. The master bedroom is over 320 sq. ft. itself, so you should be able to fit most of your bedroom set — or the entire contents of your apartment — in that room without too much trouble. Plenty of landings and sweeping ceilings serve to enhance the mansion's use of space and leave plenty of wall space for hanging pricey artwork.



The home also boasts an incredible pool. The pool area features a cabana, cleaning system, and its own separated hot tub. The luxurious external swimming getaway is filled with columns, gorgeous tile, and even a couple statues to make sure you get that classical feel. Swim a few dozen laps to help stay fit and trim, or just lounge on the side to let your day's stress melt away. You could easily host a party or reception in this space alone, providing both cover from the sun and the chance to enjoy the sky in the same space.

Mary Kay Ash founded the cosmetics company in September 1963 after being passed over for a promotion in favor for a man she'd trained herself. Since then, Mary Kay Inc. has become an immense empire, nationally recognized for its success in cosmetics. The founder considered the Golden Rule (Do unto others as you would have done to yourself) to be a guiding principle of her organization, and was well-known for her charitable efforts. Mary Kay Ash died in November 2001, 38 years after creating her company. Her legendary home carries on her spirit of living life to the fullest.



The home was designed by Dallas Design Group in 1984. Other noteworthy features include gorgeous wood carvings, 40' ceilings, and geothermal heat and air. Mary Kay herself actually moved out of the mansion in her later years. The mansion had an intermediate owner who enjoyed a more classical look, populating the mansion with antiques and oriental rugs, which is why many of the rooms have less pink that you might imagine.

Why pink? That was the trademark color of Mary Kay and her organization. Successful Mary Kay representatives could even win themselves pink cars through great performance. The color surrounds the entire home, which could at least partly explain why realtors have had to drop the price so much through the years. If pink walls weren't enough, the buyer of this home will find even a pink quartz toilet. That's right, the $3.3 million mansion even has a pink commode.
When you're ready to disappear into your own pink mansion, you can maintain your privacy inside the heavily treed lot, tucked away behind an iron fence and automatic gate. Mary Kay's opulent mansion might not suit every taste, but it has a lot to offer for its $3.3 million asking price. Just remember: home is where the pink is!


By Michael Gray, Tecca
February 17, 2012

WANT A DATE? BUY A HOME


NEW YORK (CNNMoney) -- When it comes to dating, home ownership can be the ultimate aphrodisiac.

In a survey of 1,000 single people, more than a third of women and 18% of men said they would much rather date a homeowner than a renter.

Only 2% of women said they preferred to date a man who rents, while only 3% of men said they would choose a woman who rents over one that owns her home, according to the survey, which was conducted by Harris Interactive for real estate site Trulia. Both sexes also clearly prefer it when there's no roommate in the picture; 62% of survey respondents, men and women, prefer to date singles who live alone.

I'm home! Adult children move back in with parents

And there was bad news for the growing number of boomerang kids -- the young adults who went off to college, graduated and then wound up back in their old bedrooms. It's going to be hard to find love, except (perhaps) from your parents. Less than 5% of all singles surveyed said they would date someone living in their childhood homes.
"That's a real deal-breaker," said Michael Corbett, a spokesman for Trulia. "If you're still living with your folks, you're dead-on-arrival for dating."

The home they could love
Trulia also asked which home features are the biggest turn-ons. Number one turned out to be a master bath. Men (64%) love that private sanctum almost as much as women (75%) do.

Cool and unusual homes for sale

Walk-in closets were cited by 55% of men and 72% of women and gourmet kitchens got 51% of the male vote and 62% of the female. Hardwood floors, outdoor decks and home theaters also came in high on the list.

Interestingly enough, hot tubs got a lot less love from respondents. Only 26% of men and 22% of women cited the old standby in the science of seduction as an amenity they would truly want.

@CNNMoney February 14, 2012: 5:30 AM ET

Tuesday, February 21, 2012

NO HOUSING BURSTING BUBBLE: BMO


There is a soft landing in sight for the Canadian housing market, according to BMO economics.

Compared to the recent rash of concerns raised by various groups about an overvalued Canadian housing market coast-to-coast, BMO is bucking the trend, suggesting that such reports either miss the market in their simplicity, or are not entirely true.

 “Like any issue that is as broad and complex as housing, an analysis of both the pros and cons can provide valuable perspective. In our view, the housing boom will more likely cool than correct, even in condo-driven Toronto—the target of many scary headlines.”

They do believe that the housing market will experience a slowdown; contrary to many of the alarmist news, BMO feels that, “With the exception of a few regions, valuations remain only moderately high across the country, especially when low interest rates, demographics, construction costs, land-use regulations and foreign capital inflows are considered.”

Unlike interest rates drop further, they don’t expect the boom to continue- but neither do they expect the floor to fall out from under the market either. With the continuation of low interest rates, levels of affordability continue as well.

The whole concept of the housing bubble bursting centres in the relationship between somewhat stagnant incomes in this country, juxtaposed with levels of household debt ramping up, as well as property values escalating at a fairly quick place.

The only region that they do concede is in a dangerous position is Vancouver, where property values continue to skyrocket, as Asian investors continue to grab up properties.
BMO responds to concerns about an oversupply in the condo market in centres like Toronto, but suggest that these concerns are not totally founded in fact either, mostly because of a low vacancy rate coupled with a rising demand for rental accommodation for an influx of immigrants to the centre.

“Although the cost of owning a new Toronto condo exceeds the rental income derived from the unit, expected steadier price growth ahead should allow rents to eventually catch up, reducing concerns that investors will dump their units. In Toronto, the condo market has effectively supplanted the rental market due to a lack of new apartment buildings and low rental vacancy rates.”

Furthermore, thanks to low interest rates, home ownership remains within reach for the bulk of Canadians, in most centres- and is expected to continue to stay that way as well. BMO is not without its warnings though, suggesting that there could be a material shock in the wings, especially in the event of an interest rate hike.

Saturday, February 18, 2012

Beautiful Video of Alberta, Canada

Here is a beautiful video done by Alberta, Canada.  The quality of this video is amazing. You’ll probably watch it several times.
This is fast paced but the hi def scenery is awesome in what is as close to 3D without wearing special glasses. Enjoy!


http://www.youtube.com/watch_popup?v=ThFCg0tBDck

Team Laflamme - Connected To Your Community




Testimonial from Client Shelley Lamonde


Diane and Paul Laflamme are excellent realtors.Their honest personality and professionalism, hard work and attention to detail will bring success to you whether you are selling or buying a home.  I found that their extra personal touch facilitated the sale of my home. They are a pleasure to know.
Shelley Lamonde
Saint-Lazare, Quebec
February 18, 2012


We are never too busy for your referrals.......



Connected to your community


Paul and Diane Laflamme
Courtiers immobilier
Royal LePage Village
514.715.4514